Quoting at IPO price 60 Cr. About 10 Cr PAT for FY15.
Posts tagged Value Pickr
Screener.in: The destination for Intelligent Screening & Reporting in India (06-09-2015)
hi any one knows how to get the export to excel feature now
I had customised my excel sheet and missing that for my analysis
REPCO home finance – another Gruh in the making? (06-09-2015)
HC orders issue of notices to Ministry, Chairman, Repco Bank
Omkar Speciality Chemcials Ltd — OSCL (06-09-2015)
my worry is that when a promoter pledges shares and borrows at 200-300 bps from a private financier above bank rate of interest, it's typically a sign of drying liquidity. A fact that is corroborated further by:
Omkar capitalizing interest (this is typically done only for ultra long gestation projects like refinery, oil drilling ). typically projects that require 4-5 years for completion
at 13 % on Rs. 175 Cr. of debt, it's almost Rs. 22-24 Cr. of interest payment. can this go up further and slide further is my big worry.
Look at ROIC - its about Rs. 38 Cr. ebitda at say tax rate of 30 % which is about Rs. 28 Cr. or so. which is about 13-14 % on total capital invested of Rs. 270 Cr. odd - just above cost of debt and certainly nowhere close to being above cost of equity.
Orbit exports (06-09-2015)
The company have been continuously diluting equity over years. Its almost doubled in 4 years. Does anyone see this as concerning?
Byke hospitality – Truly asset light? (06-09-2015)
Hardyboy ,is the Mr Bajaj you refer to the CA Ram ratan bajaj ?One of the independent directors at Byke?
Thanks for your efforts on contacting the management. It certainly helps us all.
Ujaas Energy – Value Migration to Solar Power (06-09-2015)
USA recently won a dispute against India at the WTO. The dispute was regarding subsidies given by the Indian govt to local solar module/cell manufacturers. Jawaharlal Nehru National Solar Mission (NSM) had mandated that certain portion of the materials under this initiative be procured locally. Subsidies were to be given to comply with this regulation. USA had alleged that such subsidies discriminate against foreign suppliers of solar cells & modules.
Here is the link to the WTO dispute details.
Here is the link to a news article regarding this verdict
My Portfolio – Need Suggations from Value Members (06-09-2015)
I think the present price is a good level to enter Orbit Exports. They are able to improve their margins due to lower raw material cost and cost cutting measures. Going forward they should be able to maintain the margins. They are also taking measures to avoid over dependence on few customers. According to an analyst report they have pricing power. They sell at $4 what Italians sell for 40 euros (China is not strong in fashion design area). Pankaj Seth the promoter says that they are a bottomline-focussed company not really interested in selling more fabric for the sake of records. Please do your analysis and take a call.
Discl: I am invested from 330 levels
Syngene International IPO – Views invited (06-09-2015)
Mahesh, thanks a lot clarification.My bad, it should be 2129 not 1665.
I thought, if the company puts more number of scientists into other clients, they would feel confident about its r&d capabilities.Hence i felt it number of employees dedicated to each client was very less. Thanks for AR's and for direction. I will go through them to understand it better.
Report problems in the new platform here (06-09-2015)
In Kindle Silk browser(haven't tried other browser), Reply to topic button is hidden behind jumping to page button(bottom and up button). Because of that, an user can't post in the thread instead to post he has to select "reply" to an existing user post.